Form 8-K
8-K — RPC INC
Accession: 0001104659-26-105928
Filed: 2026-09-08
Period: 2026-09-03
CIK: 0000742278
SIC: 1389 (OIL, GAS FIELD SERVICES, NBC)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Documents
8-K — res-20260903x8k.htm (Primary)
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8-K
8-K (Primary)
Filename: res-20260903x8k.htm · Sequence: 1
RPC, INC._September 3, 2026
0000742278false00007422782026-09-032026-09-03
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 3, 2026
RPC, INC.
(Exact name of registrant as specified in its charter)
Delaware
1-8726
58-1550825
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (404) 321-2140
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.10 par value
RES
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 3, 2026, the Human Capital Management and Compensation Committee of the Board of Directors of RPC, Inc. approved adjustments to the compensation arrangements of Ben M. Palmer, the Company’s President and Chief Executive Officer, and Michael L. Schmit, the Company’s Vice President, Chief Financial Officer, Treasurer and Corporate Secretary.
Mr. Palmer’s annual base salary was increased from approximately $637,000 to $750,000, effective retroactively as of May 16, 2026.
Mr. Schmit’s annual base salary was increased from approximately $361,000 to $530,000, effective retroactively as of May 16, 2026. In addition, Mr. Schmit’s target annual cash bonus opportunity for 2026 was increased to 85% of his annual base salary.
The foregoing changes do not alter the other material terms of Messrs. Palmer’s and Schmit’s compensation arrangements.
-2-
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
RPC, Inc.
Date: September 8, 2026
/s/ Michael L. Schmit
Michael L. Schmit
Vice President,
Chief Financial Officer and Treasurer
-3-
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Sep. 03, 2026
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RPC, INC.
Entity Incorporation, State or Country Code
DE
Entity Tax Identification Number
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Entity Address, State or Province
GA
Entity Address, Address Line One
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